Outfront Media Inc Expected To Post Earnings Of 13 Cents A Share: Earnings Preview

Outfront Media

01/11/2023 02:09

* OUTFRONT Media Inc  OUT.N   OUT  is expected to show a
rise in
quarterly revenue when it reports  results on November 2. 
    * The New York City-based  company is expected to report  a
1.6% increase in revenue to $460.867 million from $453.7 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. The company's guidance on August 3 2023, for
the period ended September 30, was for revenue between $462.77
million and $471.85 million.
    * ​Refinitiv's mean analyst estimate for OUTFRONT Media Inc
is for
earnings of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for OUTFRONT
Media
Inc is $15​, above​ its last closing price of $9.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.50        0.50       0.47      Missed  -6
 Mar. 31 2023  0.13        0.14       0.05      Missed  -63
 Dec. 31 2022  0.53        0.53       0.56      Beat    5.7​
 Sep. 30 2022  0.62        0.55       0.54      Missed  -2.3
 ​​Jun.        0.42        0.39       0.57      Beat    46.2
 30 2022                                                
 Mar. 31 2022              0.20                         ​
 Dec. 31 2021  0.55        0.55       0.65      Beat    18.2
 Sep. 30 2021              0.25                         
 This summary was machine generated November 1 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated